Tsakos Energy Navigation (TEN) to Release Earnings on Thursday

Tsakos Energy Navigation (NYSE:TEN) is expected to post its quarterly earnings results before the market opens on Thursday, March 27th. Analysts expect Tsakos Energy Navigation to post earnings of $0.40 per share and revenue of $158.71 million for the quarter.

Tsakos Energy Navigation Stock Performance

Shares of TEN stock opened at $16.70 on Tuesday. Tsakos Energy Navigation has a one year low of $15.05 and a one year high of $30.40. The company has a market cap of $492.75 million, a P/E ratio of 3.05 and a beta of -0.31. The firm has a 50-day moving average of $17.37 and a 200-day moving average of $19.88. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.32 and a quick ratio of 1.28.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on TEN. Alliance Global Partners assumed coverage on Tsakos Energy Navigation in a research report on Thursday, December 5th. They set a “buy” rating and a $40.00 price target for the company. Jefferies Financial Group lowered their price target on shares of Tsakos Energy Navigation from $24.00 to $22.00 and set a “hold” rating on the stock in a research report on Tuesday, November 26th. Finally, StockNews.com upgraded Tsakos Energy Navigation from a “sell” rating to a “hold” rating in a research note on Wednesday, November 27th.

Tsakos Energy Navigation Company Profile

Tsakos Energy Navigation Ltd. engages in the provision of seaborne crude oil and petroleum product transportation services. Its activities include the operation of crude tankers, product tankers, and liquefied natural gas carriers. The company was founded by Nikolas P. Tsakos and Michael Gordon Jolliffee in July 1993 and is headquartered in Athens, Greece.